Articles - 2019

Increasingly, consumers are receiving their tax refunds or loan proceeds on debit cards, and more benefits are being paid on government-issued debit cards. Are your ATMs ready for these additional withdrawals?

When considering a free trial, be aware to reduce the potential for unwanted merchandise and charges. Remind cardholders to be smart shoppers by doing their research and reading the fine print before making a purchase.

With new technologies in place, the percent of data breaches impacting financial institutions has reduced significantly from 2015 to 2017. Awareness of social engineering techniques is absolutely necessary to protect financial institutions and their accountholders and reduce fraud even further.

Faster payments is a critical issue facing community financial institutions. Establishing the Federal Reserve as an operator is a critical step in assuring nondiscriminatory access, resulting in ubiquitous interoperability within the payments system.

When authenticating transactions, choosing between one authentication method or another isn't a good strategy. A better approach is to leverage layered authentication, allowing the PIN to serve as the strongest option because the issuer is authenticating the consumer's identity.